A LEGACY OF TRANSFORMATION
On August 1, 2012, Churches Co-operative Credit Union and GSB Co-operative Credit Union merged to form the new entity First Heritage Co-operative Credit Union Limited (FHC). This decision culminated the process of discussions that began in October 2010 when the idea of the amalgamation of the two Credit Unions was born.
With a combined heritage of over 100 years, First Heritage Co-operative Credit Union Limited now stands as the largest open bond Credit Union in Jamaica. A merger of this magnitude was the first of its kind in the history of the Credit Union movement.
On March 1, 2015, the business and operations of St. Thomas Co-operative Credit Union Limited was transferred to FHC. This merger was borne out of a mutual strategic vision of expanding Agriculture/Micro and Small Business lending to assist farmers and cultivate entrepreneurship across rural Jamaica. Our Members, from the former St. Thomas branch will now have access to a suite of over forty two products and services to meet every stage of life. This merger makes St. Thomas branch the eleventh location which will facilitate the growth and expansion of Agricultural lending not only in St. Thomas, but across the country, ultimately positively impacting the industry as well as the economy.
FHC has as its bond, all civil servants, staff within Statutory Bodies and Public Corporations, their spouses and relatives, all members of any religious bodies and affiliations in Jamaica and their relatives and persons who live, work and do business in St. Thomas as well as their families. We currently serve over 200,000 members through a network of eleven locations island wide, offering a wide array of products and services. These products are specifically designed to meet the needs of our members at every stage of their lives, whether they are just starting out, or are financially savvy and investment-oriented. Our commitment remains, to generate continual benefits to our members and other stakeholders.